Thread by @I_am_the_Story

Black Lives Matter (BLM) is headed for INSOLVENCY after plunging an $8.5M loss...!!!

#thread

#BLM #BlackLivesMatter twitter.com/i/web/status/1…

1. Black Lives Matter Global Network Foundation ran an $8.5 million deficit and saw the value of its investment accounts plummet by nearly $10 million in the most recent tax year, financial disclosures show.
#BlackLivesMatter

2. The group logged a $961,000 loss on a securities sale of $172,000, suggesting the charity weathered a staggering 85 percent loss on the transaction.
#BlackLivesMatter

3. BLM co-founder Patrisse Cullors' (left) employed her brother, Paul Cullors (right) for security at BLM's properties bought using charity money...!!!
#BlackLivesMatter

4. The financial losses come after a year of missteps and setbacks for the embattled charity. BLM raised just $9.3 million in its 2022 fiscal year, down 88 percent from its haul the year prior.
#BlackLivesMatter

5. Black Lives Matter was forced to shut off its online fundraising streams in February 2022 due to compliance and transparency issues in several liberal states. The group has blown through two-thirds of the $90 million it raised in the wake of George Floyd’s death in the summer… twitter.com/i/web/status/1…

6. BLM spent about $12 million of those funds on luxury homes in Los Angeles and Toronto. That profligacy did not abate in the 2022 fiscal year when the charity dropped more than $10.5 million on contractors, much of which went to companies linked to Patrisse Cullors’s friends… twitter.com/i/web/status/1…

7. Patrisse Cullors’s brother, Paul Cullors, A graffiti artist with no prior experience as a bodyguard, and his two companies raked in $1.6 million providing "professional security services" for Black Lives Matter in 2022. Paul Cullors was also one of BLM’s only two paid… twitter.com/i/web/status/1…

8. The sister of former Black Lives Matter board member Raymond Howard brought in a seven-figure consulting fee as well. BLM paid Danielle Edwards’s firm, New Impact Partners, $1.1 million for consulting services in 2022.
#BlackLivesMatter

9. There is no mention in Black Lives Matter’s 2022 tax return, of Trap Heals, the art firm run by the father of Patrisse Cullors’s only child, Damon Turner. BLM paid $969,000 to Trap Heals in 2021, and the two companies were identified as partners in a press report well into… twitter.com/i/web/status/1…

10. So going by the latest financial records we could see how "Black Lives Matter" turned into a full-fledged "Family Lives Matters" filial charity and all family members and even the ex-husband of Patrisse Cullors made millions of USD..!!!

11. Black Lives Matter originated in 2013, following the trial of George Zimmerman, who was acquitted of murder on grounds of self-defense for killing Trayvon Martin, a 17-year-old African-American youth. Contesting the controversial verdict, left-wing author and labor organizer… twitter.com/i/web/status/1…

12. Activist and art college instructor Patrisse Cullors and Black Alliance for Just Immigration executive director Opal Tometi helped popularize the phrase as the social media hashtag “#BlackLivesMatter.”

#BlackLivesMatter

13. The Soros Connection
It is estimated that groups associated with the BLM Movement have taken in $133 million since 2013. Organizations associated with liberal billionaire George Soros are said to have provided at least $33 million to various BLM movement groups since 2016. twitter.com/i/web/status/1…

14. the Ford Foundation and the Borealis Philanthropy created the Black-led Movement Fund,77 a funding vehicle for the Movement for Black Lives, the coalition of groups responsible for the extremist “Vision 4 Black Lives.” The fund received “pledges of more than 100 million… twitter.com/i/web/status/1…

15. In 2015, the fundraising club Democracy Alliance, was created by donors George Soros and Taco Bell heir Rob McKay. 75 BLM Movement groups received support from the Democracy Alliance and some of them are:
The Black Youth Project 100, the Center for Popular Democracy, the… twitter.com/i/web/status/1…

16. Link to the latest financial records of "Black Lives Matter":
(freebeacon.com/wp-content/upl…)

#BlackLivesMatter